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ORDINANCE NO. ___19270 AN ORDINANCE CONCERNING THE JULY 1, 1984 T4 JUNE ~~, 1985 AD VALOREM PROFERTY TAB LEVY FOR THE CITY OF EUGENE; AMENDING ORDINANCE NO. 19261; AND DECLARING AN EMERGENCY. The City Council of the City of Eugene finds that: On ,Tune 27, 1984 Ordinance No. 19261 was passed by the Counci 1 and approved by the Mayor adopting the budget, making appropriations, and determining and levying the annual. ad valorem real property taxes for the City far the fiscal year July 1, 1984 to June 3~, 1985. Section 3 of that Ordinance provided that a total levy of $26,156,36 be made against all taxable property within the City of Eugene in general. The Ffinance officer has advised that ffinal verification in the assessed valuation of newly annexed territories resulted in the levy being understated by $85,462. Ordinance No. 19261 should be amended to reflect the correct total levy of $26,244,49H. This correction does not alter the appropriations set forth in Ordinance No. 19261, nor the budgeted collection rate. NOW, THEREFORE, THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. Based upon the above findings, which are incorpor- ated herea.n, Section 3 of Ordinance No. 19261 is hereby amended to read and provide: Section 3. That a total levy of $26, 244, 498 be made against all taxable property within the City of Eugene in general, for the purpose of deriving funds necessary to carry an the different programs and to meet the expenses of the city government of the City of Eugene for the fiscal year beginning July 1, 1984, and ending June 3~, 1985, and to create and provide sinking funds and interest funds for the vari- ous outstanding bonds and obligations of the City. Section 2. Except as herein amended, all other terms and provisions of Ordinance No. 19261 remain in full force and effect. 1~- Ordinance